Personal Income for North Carolina

The population of North Carolina in 2017 was 10,273,419.
Its rank was 9th in the nation.

Per Capita Personal Income

In 2017, North Carolina had a per capita personal income (PCPI) of $43,303.
This PCPI ranked 39th in the United States and was
86 percent of the national average,
$50,392.
The 2017 PCPI
reflected an increase of 2.6 percent
from 2016.
The 2016-2017
national change was
2.4 percent.
In 2007, the PCPI of North Carolina was $36,013
and ranked 29th in the United States.
The 2007-2017 compound annual growth rate of PCPI
was 1.9 percent.
The compound annual growth rate
for the nation was 2.4 percent.

Per Capita Personal Income, 2017

Per Capita Income as a Percent of the United States

Personal Income

In 2017, North Carolina had a personal income of $444,872,063*.
This personal income ranked 13th in the United States
.
In 2007, the personal income of North Carolina was $328,369,034*
and ranked 12th in the United States.

*Personal income estimates are in thousands of dollars, not adjusted for inflation.

GDP for North Carolina

Gross Domestic Product (GDP) by State

In 2017, North Carolina current-dollar GDP was $538.3 billion
and ranked 10th in the United States.
In 2007, North Carolina GDP was $397.1 billion
and ranked 11th in the United States.

In 2017, North Carolina real GDP
grew 2.3 percent;
the 2016-2017 national change was 2.1 percent.
The 2007-2017 compound annual growth rate for North Carolina real GDP was 1.0 percent;
the compound annual growth rate for the nation was 1.2 percent.

GDP by State for Industries

In 2017, the largest industry in North Carolina was finance, insurance, real estate, rental, and leasing. This industry accounted for 19.6 percent of
North Carolina
GDP
and
had 1.7 percent real growth.
The second largest industry was government and government enterprises, which accounted for 13.4 percent of
North Carolina
GDP
and
had 0.7 percent real growth.

The largest contributor to real GDP growth in North Carolina was professional and business services. This industry accounted for
0.51 percentage point
of the total growth in real GDP.
The second largest contributor was finance, insurance, real estate, rental, and leasing. This industry accounted for
0.33 percentage point
of the total growth in real GDP.*

* The industry contributions, or sum thereof, may be larger than 100 percent (and the percentage points larger than the percent change) because growing and declining industries offset one another.